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UK investors pull £2.5 billion from equity funds in April

UK investors withdrew £2.5 billion from equity funds in April, following redemptions of £5 billion in the first quarter. According to Morningstar, which compiled the...

DWS launches its first AI-powered fund

German fund manager DWS has launched an ESG equity fund that will select stocks using artificial intelligence (AI). The DWS Concept ESG Arabesque AI Global...

Vaccine news sparks massive equity fund inflows

News of developments on the Covid-19 vaccine front led to a boost in investor confidence and a surge in equity fund inflows in November. Data...

Tom Dobell steps down from “mammoth” M&G Recovery fund

Tom Dobell is to step down from managing the £1.4 billion (€1.5 billion) M&G Recovery Fund, which is said to have suffered from performance...

BMO GAM launches Asian equity strategy

BMO Global Asset Management has launched an Asian equity strategy to its suite of responsible and sustainable funds. The fund will invest with a long-term...

Many fund charges could breach 1% norm, warns analyst

Many active fund charges would rise to above 1% – the fee level generally seen as acceptable – if the UK regulator makes changes...

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